The owner of the Los Angeles Rams and Denver Nuggets has added a baseball team to its holdings a deal to buy the Los Angeles Angels of Anaheim.

The Arte Moreno era is over, according to the LA Times. In a blockbuster move that came out of nowhere, Rams owner Stan Kroenke is buying the Angels. Financial

Billionaire Stan Kroenke, who also owns Premier League side Arsenal and NFL team the Los Angeles Rams, added Major League Baseball to his empire with the move.